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Segment Financial Data | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Segment Financial Data [Text Block] | Segment Financial Data Our operations are classified into four principal segments: Otis, UTC Climate, Controls & Security, Pratt & Whitney, and UTC Aerospace Systems. The segments are generally based on the management structure of the businesses and the grouping of similar operating companies, where each management organization has general operating autonomy over diversified products and services. Results for the quarters ended September 30, 2017 and 2016 are as follows:
| Net Sales |  | Operating Profits |  | Operating Profit Margins
(Dollars in millions) | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016
Otis | $ | 3,156 |  |  | $ | 3,018 |  |  | $ | 555 |  |  | $ | 584 |  |  | 17.6 | % |  | 19.4 | %
UTC Climate, Controls & Security | 4,688 |  |  | 4,415 |  |  | 828 |  |  | 801 |  |  | 17.7 | % |  | 18.1 | %
Pratt & Whitney | 3,871 |  |  | 3,501 |  |  | 229 |  |  | 340 |  |  | 5.9 | % |  | 9.7 | %
UTC Aerospace Systems | 3,637 |  |  | 3,646 |  |  | 616 |  |  | 600 |  |  | 16.9 | % |  | 16.5 | %
Total segments | 15,352 |  |  | 14,580 |  |  | 2,228 |  |  | 2,325 |  |  | 14.5 | % |  | 15.9 | %
Eliminations and other | (290 | ) |  | (226 | ) |  | 40 |  |  | 18 |  |  |  |  |
General corporate expenses | — |  |  | — |  |  | (105 | ) |  | (92 | ) |  |  |  |
Consolidated | $ | 15,062 |  |  | $ | 14,354 |  |  | $ | 2,163 |  |  | $ | 2,251 |  |  | 14.4 | % |  | 15.7 | %
Results for the nine months ended September 30, 2017 and 2016 are as follows:
| Net Sales |  | Operating Profits |  | Operating Profit Margins
(Dollars in millions) | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016
Otis | $ | 9,091 |  |  | $ | 8,830 |  |  | $ | 1,551 |  |  | $ | 1,631 |  |  | 17.1 | % |  | 18.5 | %
UTC Climate, Controls & Security | 13,292 |  |  | 12,602 |  |  | 2,664 |  |  | 2,279 |  |  | 20.0 | % |  | 18.1 | %
Pratt & Whitney | 11,699 |  |  | 10,902 |  |  | 1,024 |  |  | 1,136 |  |  | 8.8 | % |  | 10.4 | %
UTC Aerospace Systems | 10,888 |  |  | 10,867 |  |  | 1,771 |  |  | 1,720 |  |  | 16.3 | % |  | 15.8 | %
Total segments | 44,970 |  |  | 43,201 |  |  | 7,010 |  |  | 6,766 |  |  | 15.6 | % |  | 15.7 | %
Eliminations and other | (813 | ) |  | (616 | ) |  | 25 |  |  | 47 |  |  |  |  |
General corporate expenses | — |  |  | — |  |  | (315 | ) |  | (280 | ) |  |  |  |
Consolidated | $ | 44,157 |  |  | $ | 42,585 |  |  | $ | 6,720 |  |  | $ | 6,533 |  |  | 15.2 | % |  | 15.3 | %
See Note 8 to the Condensed Consolidated Financial Statements for a discussion of restructuring costs included in segment operating results.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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